Precious Metals

It has been an interesting week in the market as stocks and commodities push to extreme support levels. Below I have posted some charts showing where the market is currently trading at and what I think is likely to unfold. Gold Futures – 4 Hour Candle Stick Chart The price of Gold is testing a … Continue reading

Source: Karen Roche of The Gold Report 5/19/10 http://www.theaureport.com/pub/na/6324 One of the first things mainstream journalists in Western media learn is how to tease angles out of stories that play on fear, scandal and disaster. Good news is no news. Bad news sells. If it bleeds, it leads. As historian, political writer and Guardian columnist … Continue reading

Back in the third week of April I predicted here on Kitco.com a topping in the broader market indices.    The theory was the VIX levels were extremely and historically too low concomitant with extremely high historical readings in investor bullish sentiment gauges.  After thirteen Fibonacci months of a bull cycle rally, it was likely an … Continue reading

Source: Brian Sylvester and Karen Roche of The Gold Report 5/17/10 http://www.theaureport.com/pub/na/6312 When The Gold Report last interviewed Laurentian Securities Analyst Eric Lemieux, he talked about his favorite explorers, especially in the James Bay area, with its exploration plays and favorable geological, geographic and social fundamentals. Eric is back with more on Canada’s junior gold … Continue reading

Source: Brian Sylvester and Karen Roche of The Gold Report 5/14/10 http://www.theaureport.com/pub/na/6301 In this exclusive and revealing interview with The Gold Report, Mackie Research Capital’s Barry Allan, always among Canada’s top-ranked mining analysts, says the European currency crisis and crippling debt problems will push gold—and the U.S. dollar—higher throughout the rest of 2010. But gold … Continue reading

1. The GPP (Gold Price Parabola) is overshadowed only by the GVP (Gold Volatility Parabola) A HSR band (horizontal support and resistance band) is not a top or bottom turn calling point. A turn might occur there, but that’s of minor importance. The more significant the HSR band is, the greater the amount of supply … Continue reading

This essay is based on the Premium Update posted on May 14th, 2010 We would like to begin this essay by touching on the popular belief that precious metals – and especially silver – tend to drop heavily this time of the year. The saying suggests selling in May and going away – is this … Continue reading

By Neil Charnock goldoz.com.au Introduction Gold reached US$1248.20 which was a new record high in USD. Silver has also followed gold up, this rally looks like the real thing. I have to stand corrected here as I was off the mark a little in some recent statements. I forecast US$1180 as an interim top and … Continue reading

This essay is based on the Premium Update posted on May 7th, 2010 During the previous weeks much has been said about the declining Euro and what effect it may have on the price of gold – we argued that declining Euro doesn’t mean that gold has to decline. We don’t want to get into … Continue reading

Source: Brian Sylvester and Karen Roche of The Gold Report 5/10/10 http://www.theaureport.com/pub/na/6252 “The price for manganese ore has recovered a lot more swiftly and strongly than we anticipated,” explains Helen O’Malley, a bulk manganese specialist with London-based CRU, adding: “The price bottomed out last year to about $3.50 per dry metric ton unit (DMTU) and … Continue reading